SPECIAL FOCUS: New Banks on the Block

Infamous 'Silence' bank hackers thought to hit local shores, warns cyber lab

Jan 13 2020 20:31

An infamous Russian-speaking hacking group referred to as Silence is the likely culprit making thousands of attempts to hack major banks in sub-Saharan Africa, says Kaspersky Lab.


Absa signs R7bn deal to boost lending in Africa

Jan 07 2020 14:18

Absa Group has entered into an agreement with the Multilateral Investment Guarantee Agency to bolster the bank’s lending capacity in Ghana, Kenya, Mauritius, Mozambique, Seychelles, Uganda and Zambia.


Absa's new boss faces tough fight to win back business

Jan 07 2020 12:46

The Reserve Bank’s former second-in-command, Daniel Mminele, will have his work cut out for him when he takes office as the new CEO of Absa on January 15.


Postbank journey to bank status at an advanced stage, says minister

Oct 24 2019 21:05

Minister of Communications Stella Ndabeni-Abrahams says responsibility and control of Postbank has been transferred to the Postbank Board and management in line with section 6 of the South African Postbank Limited Act.


Absa plans China office in Asia investment banking expansion

Oct 11 2019 11:17

Absa’s corporate and investment banking unit plans to open an office in China as part of an expansion that will also target other parts of Asia and the Middle East.


Absa receives Fed go-ahead to set up New York representative office

Oct 07 2019 16:44

Absa says the establishment of a representative office would mean it has an independent presence in the US following its separation from Barclays.


Govt plans for Postbank are 'backward', belong in Thatcher era - union

Sep 27 2019 11:33

Communication Workers Union secretary general Aubrey Tshabalala says a proposal to realign Postbank’s shareholding to National Treasury was at odds with best practice globally.

Inside Fin24.com


Warning: Criminals are impersonating SA CEOs and other execs to steal money

Sep 25 2019 09:30

Criminals impersonate senior managers and send email requests to junior staff in the accounting or finance function requesting that an urgent payment be made to a specific beneficiary.

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